This web page presents information about the work of the IMF in Kyrgyz Republic, including the activities of the IMF Resident Representative Office. Additional information can be found on the Kyrgyz Republic and IMF country page, including IMF reports and Executive Board documents that deal with Kyrgyz Republic.

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Kyrgyz: At a Glance

  • Current IMF membership: 189 countries
  • Kyrgyz Republic joined the Fund on May 8, 1992; Article VIII
  • Quota: SDR 88.80 million
  • Outstanding loans: ESF Arrangements: SDR 33.30 million ; RCF Loans: SDR 22.20 million ; ECF Arrangements: 59.47 million
  • The latest Article IV consultation was discussed by the Executive Board on June 20, 2011 (Country Report No. 11/155)

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Regional Economic Outlook

Caucasus and Central Asia: Battered by External Shocks


Economic growth has slowed to a two-decade low in the Caucasus and Central Asia (CCA) region, owing to the large and sustained decline in commodity prices, wide-ranging spillovers from Russia's recession, and the slowdown and rebalancing of China's economy. Fiscal and external balances have deteriorated and financing costs have risen. Although currency weakening and fiscal easing have helped to mitigate the impact of these shocks, inflation and financial sector vulnerabilities have increased, in some cases exacerbated by policy uncertainty. Strengthening macroeconomic policy frameworks and financial sector supervision is essential to maintain stability in these challenging circumstances. Fiscal policy should strike a balance, depending on the size of buffers and available financing, between supporting economic activity in the near term and ensuring debt sustainability over the medium term. Intensifying structural reforms would facilitate the adjustment by boosting medium-term economic prospects, improving competitiveness, and creating jobs. Read the report